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Posted by Gerry1982 on

Dondero’s Firm Donates $1 Million Towards the Legacy Campaign

A few months ago, Mr. James Dondero announced that his business firm presented $1 million to The Family Place, Dallas. This announcement was made during the Family’s Place 21st annual awards. The Family Place is an organization based in Texas and is known for its active involvement in the elimination of family violence.

Since its establishment, the organization has assisted thousands of abuse victims regarding counseling, as well as medical support. The $1 million granted to the group was to promote their upcoming Legacy Campaign.

The Legacy Campaign is projected to fund the construction of a new Central Dallas Counselling Center as well as handle its maintenance costs. The planned facility is expected to help more than 2000 victims of violence annually. With only $2.8 million left to hit the targeted $16.5 million, The Family Place feel thankful for the Highland’s challenge grant.

The Family Place now believe that their campaign will end just as planned. According to Highland’s co-founder, the award issued is the best way to solve life-threatening problems in Dallas.

Highland’s president is a well-established business person. James Dandero graduated from the University of Virginia with a degree in accounting and finance. Additionally, he is a Certified Management Accountant (CMA) and is qualified to use the Chartered Financial Analyst (CFA) designation.

In Highland Capital Management, James supervises the company’s investment strategies and operations. Besides, James is also chairman of the board for Nexbank Cornerstone Healthcare and CCS. He also serves on the board of directors for MGM Studios and American Banknote.

James experience and passion in investment significantly contributed to Highlands Capital Management becoming the groundbreakers of the Collateralized Loan Obligation (CLO) market. Often, Highlands Capital Management has been involved in the development of credit oriented solutions for many investors around the world.

Most of the projects that the business firm has participated in have received numerous accreditation such as the Lipper Award for Floating Rate Opportunities in 2014 and the Morningstar’s rankings. Previously, James Dondero used to work as the chief investment officer for Protective Life’s GIC and is believed to be behind its growth from startup to $2 billion within a five year period.